Sandhilli Company sells equipment on March 31, 2024, for $33,480 cash. The equipment was purchased on January 5,2021 , at a coct of $83,000, and had an estimated useful life of five years and a residual value of $2,700. Sandhill Company uses straight-line depreciation for equipment. Adjusting journal entries are made annually at the company's year end December 31. Prepare the journal entry to update depreciation to March 31. 2024. (Credit occount titles are automotically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tities and enter O for the amounts List. debit entry before credit entry] Prepare the journal entry to record the sale of the equipment. (Credit account titles are outomatically indented when the omount is entered, Do not indent manually. If no entry is requined, select "No Entry" for the occount bitles and enter O for the amounts, List all debit entries before credit entries) accoune titlei and ender 9 for the amounts ikt oll deblt enbies before croblt chiglew. Prepare the journal entry to record the sale of the equipment. (Credit occount tities are outomatically indented when the amount is entered, Do not indent manually, If no entry is required, select "No Entry" for the account tities and enter O for the amounts Lst all debit entries before credit entries. Sandhilli Company sells equipment on March 31, 2024, for $33,480 cash. The equipment was purchased on January 5,2021 , at a coct of $83,000, and had an estimated useful life of five years and a residual value of $2,700. Sandhill Company uses straight-line depreciation for equipment. Adjusting journal entries are made annually at the company's year end December 31. Prepare the journal entry to update depreciation to March 31. 2024. (Credit occount titles are automotically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tities and enter O for the amounts List. debit entry before credit entry] Prepare the journal entry to record the sale of the equipment. (Credit account titles are outomatically indented when the omount is entered, Do not indent manually. If no entry is requined, select "No Entry" for the occount bitles and enter O for the amounts, List all debit entries before credit entries) accoune titlei and ender 9 for the amounts ikt oll deblt enbies before croblt chiglew. Prepare the journal entry to record the sale of the equipment. (Credit occount tities are outomatically indented when the amount is entered, Do not indent manually, If no entry is required, select "No Entry" for the account tities and enter O for the amounts Lst all debit entries before credit entries